manufacturing sector

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Business / Economics

Finance Minister revises economic growth to 3.3%, cuts growth forecast

Finance and Social Grant Management Minister Erica Shafudah (Photo contributed) Finance Minister Ericah Shafudah has tabled the 2025 Mid-Term Budget Review in Parliament on Tuesday, 21 October,  painting a cautious picture of Namibia’s fiscal and economic outlook as growth slows and public debt rises. The review projects economic growth of 3.3% for 2025, a notable downward revision from the 4.5% forecast announced during the main budget in March. The decline […]

today21 October, 2025

Business / Economics

Morning Biz News 25 February 2025: Market Trends, Global Investments, and Banking Updates

Local Market Performance The Namibian stock market recorded a total of 1.57 million shares traded on Monday, amounting to a total value of N$41.77 million across 27 deals. According to the NSX report, the year-to-date traded volume has reached 9.67 million shares, with a cumulative value of N$579.69 million. The financial sector led the day's trading with transactions worth N$34.28 million, followed by the consumer staples sector, which saw activity […]

today25 February, 2025